Alternate Headline for Current TV Deal
Posted on | January 3, 2013 | 17 Comments
The top of Memeorandum is cluttered with news that Al Gore’s Current TV was sold to Al-Jazeera, but Allahpundit nails the real story:
Al Gore opposed to paying his ‘fair share’
Liberal hypocrisy, thy name is Al:
Al Jazeera did not disclose the purchase price, but people with direct knowledge of the deal pegged it at around $500 million, indicating a $100 million payout for Mr. Gore, who owned 20 percent of Current. Mr. Gore and his partners were eager to complete the deal by Dec. 31, lest it be subject to higher tax rates that took effect on Jan. 1 . . .
Unfortunately for Gore, they couldn’t manage to close the deal until yesterday, so he got screwed out of a few million bucks. The bonus kicker:
Glenn Beck reportedly tried to buy the network last year [but] was told that they wouldn’t sell to someone who wasn’t “aligned with our point of view.” So, naturally: Al Jazeera.
No word yet on whether Al Jazeera, the pro-Islam network based in Qatar, will re-hire Keith Olbermann, who quit Current TV in a huff and filed a $70 million lawsuit against the network. Certainly, if it were a matter of being “aligned with out point of view” . . .
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